Many developing countries are unable to provide their industrial sector with reliable power and many enterprises have to contend with electricity that is insufficient and of poor quality. Because of these constraints, firms in developing countries opt for self-generation even though it is widely considered a second best solution. This paper develops a theoretical model of investment behavior in remedial infrastructure when physical and credit constraints...
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INFORMACIÓN
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2010/12/01
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS5497
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1
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1
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2010/12/01
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Disclosed
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Firms operating under infrastructure and credit constraints in developing countries : the case of power generators
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empirical analysis